CBS And Dan Rather: Together Again

This afternoon CBS acquired a minority stake in AXS TV, the cable channel formerly known as HDNet.

In addition to CBS, AXS is owned by Mark Cuban, Ryan Seacrest, live events company AEG and talent agency CAA. According to the companies, CBS will provide the network with live programming, and will offer marketing support.

The deal also reunites CBS with Dan Rather, the former “CBS Evening News” anchor.

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